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a lot of work and like what i see. carmen in florida. >> caller: yes, thank you for taking my call, mr. cramer. >> sure enough, what's up with you? >> caller: i own alexium pharmaceuticals? >> people are selling that because they don't know what the tax scheme will be. i care that it's a terrific stock. wait till the end of the year and pick some up. matt in indiana. >> caller: boo-yah, cramer from the tennessee valley. >> we get calls from everywhere. yes. >> caller: i want to say hi to my 6-month-old little boy who loves your show. >> and? >> caller: and i want to ask you about qpe. >> last friday, if you recall, we had robert bemnochet. it's an opportunity. aig is cheap. it's got sandy. i already told but sandy. i like the stock. joe in michigan. >> caller: hey, jim. big boo-yah from michigan. drn, trinity industries. should i stay on or get off? >> have you own an actual rail. i don't know if karl ichan is coming after these. that is the conclusion of the lightning round! >>> let's go right to it. >> caller: jay from beautiful bainbridge island, washington. >> i wish i was there. >
to "squawk box" this morning, the race in the battleground state of florida lived up to its billing. that presidential contest is still too close to call. but mary thompson is there. and maybe she's not going to call it for us, but can give us more information on where we are. mary? >> reporter: no, i'm not going to call it, andrew. might not be until this afternoon or possibly 9 to 12 days from now before we know the outcome of the florida vote here. the vote count was called off late last night. miami-dade, which is one of the most populous counties here in florida said it would continue the vote count today. hanging in the balance, 29 electoral votes. but, again, at this point may make little difference. this is where we stand as far as the vote count goes with president obama showing a slight lead over governor romney according to the florida division of elections. now, even if the final results are submitted today, if there is a margin of victory of less than .5%, here in florida, that triggers an automatic vote recount. that has to be completed either after nine days after the
pennsylvania and ohio and he already owned florida. so it's all a done deal. don't believe me? did you watch cnbc's coverage last night? republican after republican came on saying that such a scenario would play out, right up until ohio got called for the president. these people were just plain, out right sellers today. they bought in anticipation of a romney win. they sell on a romney loss. most of my investors will say oh, yeah, hey, sure. let that run its course. i'm not going to sell my gap stores for target, right or wrong. however, i would rebut that we suddenly have a new word. the head of the european central bank mario draghi picked today of all days to say things have worsened dramatically in europe, including germany. that means there's a new sense of urgency to fix the europeanness and we're learning to be wary of the way europeans are going about their "bailouts." here's what the client would say. wait a second. we've been through this before. why do i have to take any action? come on, that's a fool's errand. you're just trying to churn me. i, with my broker hat on again would s
quarter, we feel very good about. that's certainly true in california. it's true in florida. it's true in paris. >> bob, the last time we talked, you seemed passionate about the need to fix our debt as a country. i wonder what your take is on president obama winning re-election. does that change anything for the company, for the industry? in terms of this fiscal cliff, everybody is expecting taxes to go higher. we're not sure how high on dividends and capital gains. will that dictate your behavior in terms of disney's payout, your dividend? >> well, first of all, i think i was most passionate when we last talked about the change in the corporate tax rate where we are the highest in the world right now. i don't think that makes this country competitive. i think it's a real impediment to true growth. so i'm very passionate about addressing that, not only reducing the rate, but in order to do so, i think certain loopholes have to get closed as well in order to make this country far more competitive. i think that's very important. i've seen some very compelling statistics about what a 10%
're going to ring the register. the fiscal cliff says you should. darn it all. how about andrew in florida, please? andrew. >> caller: professor cramer, got a ba-ba-ba-boo-yah from south floor floor. i'm talking about michael kors, sticker kors. yesterday in my opinion they delivered stellar earnings. the company absolutely crushed expectations and dropped my jaw. and i'm asking you, do you think that kors will continue to advance and be one of the few luxury brands to be invested heading into the holiday season? >> all right. this is, again -- i know this is heretical to those of us who do a lot of work -- i'm sitting there last night. okay? i got no teams to root. i've got nothing on whatsoever. and here i am. so i said i'm going to go read the kors conference call. every page is better than the past. every page looks great. it's like a really great episode of some tv show you like. but you know what? it sells at a gazillion times earnings and everyone's got a profit in it. so people are taking profits. you have to wait until next year. unless we resolve the cliff beforehand. it's the "m
state can't pull gdp up after pushing it down. what we saw in 1992 in florida with andrew was that it did pull up the gdp. the rebuild did. this is a similar rebuild although there will be tremendous tension. those of house have property down there who submitted our bills to the insurance companies, how much of it was water damage? well, a lot of it. nice to know you. it's good. i hope you don't have mold down there. >> if it got flooded, you should hope a tree fell on top. >> the insurance companies are telling you to read fine print. fine print is very bad. >> when we come back, taking a bite out of apple in bear territory after a slight gain on friday and stock up in premarket. is it finally the time to buy? you might remember david shulman now with ucla forecast. he says why you should brace. nice rallies given that dow in the past four of six weeks have been down more than 200 points. more "squawk on the street" is back in a minute. >> take a look where we are set to open here up 112 points on the dow jones industrial average. a little bit of optimism this morning as
Search Results 0 to 5 of about 6